CVR Energy, Inc. (NYSE:CVI) Q1 2024 Earnings Conference Call April 30, 2024 1:00 PM ET

Company Participants

Richard Roberts - VP, Financial Planning and Analysis, and IR
David Lamp - CEO
Dane Neumann - CFO

Conference Call Participants

Manav Gupta - UBS
Matthew Blair - Tudor, Pickering, Holt
John Royall - JPMorgan
Neil Mehta - Goldman Sachs
Paul Cheng - Scotiabank

Operator

Greetings, and welcome to the CVR Energy First Quarter 2024 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Richard Roberts, Vice President of FP&A and Investor Relations. Thank you, sir. You may begin.

Richard Roberts

Thank you, Christine. Good afternoon, everyone. We very much appreciate you joining us this afternoon for our CVR Energy first quarter 2024 earnings call. With me today are Dave Lamp, our Chief Executive Officer; Dane Neumann, our Chief Financial Officer; and other members of management. Prior to discussing our 2024 first quarter results, let me remind you that this conference call may contain forward-looking statements as that term is defined under federal securities laws.

For this purpose, any statements made during this call that are not statements of historical facts may be deemed to be forward-looking statements. You are cautioned that these statements may be affected by important factors set forth in our filings with the Securities and Exchange Commission and in our latest earnings release.

As a result, actual operations or results may differ materially from the results discussed in the forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by law.

This call also includes various non-GAAP financial measures. The disclosures related to such non-GAAP measures, including reconciliations of the most directly comparable GAAP financial measures, are included in our 2024 first quarter earnings release that we filed with the SEC in the Form 10-Q for the period and will be discussed during the call.

With that said, I'll turn the call over to Dave.

David Lamp

Thank you, Richard. Good afternoon, everyone, and thank you for joining our earnings call.

Before I discuss our results for the quarter, I want to address an incident at the Wynnewood refinery that occurred over the weekend, early Sunday morning, during severe weather in the area. The Wynnewood refinery experienced a fire that was later extinguished later that morning. No employees or contractors were injured and we are in the beginning of the process of restarting portions of the refinery. We are still assessing the extent of the damage, and we expect to provide additional details when they're available.